77 Acres in Rochester, MN
Homestead And Tillable With Development Potential In Olmsted Co, MN
Live and Online at Ranchandfarmauctions.com
Auction Date: 09/11/2023 Auction Time: 10:00 AM CDT
Auction Location: Eagles Club, 917 15th Ave SE, Rochester, MN 55904
Open House: 08/30/2023 from 4 PM - 6 PM, Viola Road NE, Rochester, MN 55906
Tract 3 Description: Recombine of Tract 1 and 2
Opportunity awaits! This property is in the Rochester Urban Service Area and is on the path of future development. The property is currently zoned by Haverhill Township but is in the path of Rochester development. You will find a 1970s built 4-bedroom 2-bathroom home with 2 car garage and 90’x54’ machine shed located on the West end of the farm. Under the current township zoning, you could split the property and build 2 more homes on the acreage. The property sits right on Viola Rd which is a hard surface county road that is well maintained. There are 71.75+/- tillable acres that would be a great addition to a...
Opportunity awaits! This property is in the Rochester Urban Service Area and is on the path of future development. The property is currently zoned by Haverhill Township but is in the path of Rochester development. You will find a 1970s built 4-bedroom 2-bathroom home with 2 car garage and 90’x54’ machine shed located on the West end of the farm. Under the current township zoning, you could split the property and build 2 more homes on the acreage. The property sits right on Viola Rd which is a hard surface county road that is well maintained. There are 71.75+/- tillable acres that would be a great addition to any farming operation or will provide a good income for an investor looking to add to their portfolio. This property would be a solid option for anyone looking to complete a 1031 exchange. The property is only a few minutes from downtown Rochester and the Mayo Clinic.
Details:
Tract #: 3Deeded acres: 77FSA Farmland Acres: 71.75Soil Types: Rockton loam, Channahon loam, Shullsburg silt loamSoil PI/NCCPI/CSR2: 51.7CRP Acres/payment:N/ATaxes: TBDLease Status: Ends 2023Possession: Immediate possessionSurvey needed?: noBrief Legal: 77+/- acres Pt NE SW and NW SE S21 T107N R13WPIDs: 73.21.31.033501Lat/Lon: 44.0563 -92.3919Zip Code:55906
Property Features:
- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
- Onsite bidders should bring a government-issued ID
- 10% down payment immediately after auction - cash, personal, or business checks accepted
- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close unless otherwise noted
- Announcements on auction day will take precedence over any prior announcements
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
- 4 Bedroom 2 bathroom 2500+ sq ft home
- 90’x54’ Machine shed
- 71.75+/- Tillable acres
- Buildable for 2 more dwellings
- Located on hard surface roads
- Minutes to Mayo Clinic
- In the path of Rochester development
- Great option for 1031 exchange
- Solid addition to any farming operation
- The property is in the Rochester Urban Service Area
Map
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